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Returns to Education in the Russian Federation : Some New Estimates

Author

Listed:
  • Melianova,Ekaterina
  • Parandekar,Suhas D.
  • Patrinos,Harry Anthony
  • Volgin,Artem

Abstract

This paper presents new estimates of the returns to education in the Russian Federation using data from 1994 to 2018. Although the returns to schooling increased for a time, they are now much lower than the global average. Private returns to education are three times greater for higher education compared with vocational education, and the returns to education for females are higher than for males. Returns for females show an inverse U-shaped curve over the past two decades. Female education is a policy priority and there is a need to investigate the labor market relevance of vocational education. Higher education may have reached an expansion limit, and it may be necessary to investigate options for increasing the productivity of schooling.

Suggested Citation

  • Melianova,Ekaterina & Parandekar,Suhas D. & Patrinos,Harry Anthony & Volgin,Artem, 2020. "Returns to Education in the Russian Federation : Some New Estimates," Policy Research Working Paper Series 9387, The World Bank.
    • Handle: RePEc:wbk:wbrwps:9387
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    Cited by:

    1. Vicente German-Soto & Gregory Brock, 2023. "Before the isolation: Russian regional β-convergence 2001–2019 before the pandemic and Ukrainian war," Economic Change and Restructuring, Springer, vol. 56(4), pages 2729-2746, August.
    2. Мальцева В. А. & Шабалин А. И., 2021. "Не-Обходной Маневр, Или Бум Спроса На Среднее Профессиональное Образование В России," Вопросы образования // Educational Studies Moscow, National Research University Higher School of Economics, issue 2, pages 10-42.
    3. Vera Maltseva & Alexey Shabalin, 2021. "The Non-Bypass Trajectory, or The Boom in Demand for TVET in Russia," Voprosy obrazovaniya / Educational Studies Moscow, National Research University Higher School of Economics, issue 2, pages 10-42.

    More about this item

    Keywords

    Educational Sciences; Tertiary Education; Economics of Education; Vocational Education&Technical Training; Labor Markets; Rural Labor Markets;
    All these keywords.

    JEL classification:

    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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